claire: in mid december the dow chemical company and dupont announced their agreement to merge as one. ousting monsanto as the largest agricultural powerhouse in the nation. once the merge is official, the company dubbed "dow-dupont" would then form three separate companies across the nation. iowa state and city officials say it makes sense to have one of those companies here.. at pioneer headquarters, in johnston. " " december 11th, dow chemical company and dupont agreed to join forces, creating dow-dupont. the next agricultural giant that would sell 41 percent of seeds in the nation.--booting monsanto from it's current number one position. once the companies merger is finalized in late 2016, it will subsequently split into three "independent companies" - focusing one on seed sales, one on chemicals and the last on speciality products. officials havent released where those three companies will be headquartered, but iowa says- sign johnston up. "confident based on presence here arleady and business climate we offer, we're positioned well. we "working with state officials as

december 11th, dow chemical company and dupont agreed to join forces, creating dow-dupont. the next agricultural giant that would sell 41 percent of seeds in the nation.--booting monsanto from it's current number one position. once the companies merger is finalized in late 2016, it will companies" - focusing one on seed sales, one on chemicals and the last on speciality products. officials havent released where those three companies will be headquartered, but "confident based on and business climate positioned well. we granted. " "working with state information and continue to be the headquarters for seed company" mayor deerinfeld says pioneers first merger with dupont was nerveracking and this will be too. announced they'll cut 10 percent of it's employees worldwide during the merger. us senator chuck grassley expressed concerns about the major conglomerate- to-be.. worrying about farmers. saying: two titans of american proposed merger demands serious with new development farmers. saying: "dupont and dow are two titans of american industry and the proposed merger demands s

what are investors supposed to do with dow chemical and dupont? they have this great plan to merge and break up the company into three separate businesses, incredible we start hearing rumors about this deal. dow chemical shot up to a high last month. with this amazing merger slash breakup plan, the stock has been put through the meat grinder. at some point, i think the stock will become way too cheap and you will have to buy it. for now, it is not exactly liked. my charitable trust has been picking up some shares but it is not profitable to do so. let's check in with the ceo and chairman of dow chemical. find out who are about where this company is headed. mr. livers, welcome back. >> nice to be back. >> you have a state-of-the-art facility that is changing the game for how this country and companies are using natural gas. describe how important this is and why dow chemical is no longer hostage to the price of oil. >> the facility we are looking at today is called a pdh facility, which takes shell gas propane, which is the cheapest and makes a vita

we wont take it for granted. " once the merger is finalized,the company dubbed "dow-dupont" will split into three "independent companies." one focusing on sese sales, one on speciality products. officials havent released where those three companies will be headquartered. the dow-dupont merger is expected to be finalized sometime after june of this year. deborah many people braved the cold today...to head to the quad cities farm show. more than 200 companies attented the event. farmers saw a wide range of items from seeds to livestock equipment. the show's director says now is the best time for the show... because farmers are in between harvest and planting seasons. he also says farmers are more high tech than you may think. "you gotta know high technology, how to use it. you better know the price of the crop you're gonna get. you better know what your input costs are, gps systems to plot your ground. it's a very sophisticated business today. " if you missed the event, don't worry, you can check it out from ten to five tomorrow, and nine to three on tuesday at the center in rock island.

. >> it's dupont-dow or dow-dupont. >> dow-dupont. >> i liked dupont-dow. >> i did too. but it's dow-dupont. >> actually, i guess it doesn't matter. coming up, why hedging fuel prices in the airline industry has no the bet been a safe bet. there are guys who have agreed to pay like $80, $90 a barrel. plus, we're expecting results from dow component johnson & johnson. we're going to have the company's cfo dominic caruso to break down the report at 6:50 a.m. eastern time. i think we have the p&g cfo too, who's from cincinnati, ohio. not from columbus or cleveland or toledo. as we head to break, here's a look at yesterday's s&p 500 winners and losers. these are the hands that build the machines, the machines that sort, stack and seal. these are the hands that keep private information private. these are the hands of pitney bowes, the craftsmen of commerce. these are the hands that dig for opportunity, identify patterns, and uncover risk. these are the hands of pitney bowes, the craftsmen of commerce. theand to help you accelerate,. we've created a new company... one totally

dupont plans to cut 1700 jobs in delaware including its headquarters in wilmington. dow and dupont plan to merge and split into three companies the smallest of which would still be based in delaware. >> well, the eagles start the post-chip kelly era with a win over the giants in the final game. first series, 54 yards for a touchdown. murray's longest run since his rookie season. later, connor barwin deflected a pass. thurman took it 83 yards to the house. the birds and pat shurmur beat new york 35-30. jordan matthews had this word for eagles fans. >> got to go out there every time and represent that team. nobody has more pride for the eagles than their fans, none. we got the best in the league, in the world, universe, point blank period. >> eagles finish 7-9. in a few minutes will he stay or go, a look at the future for sam bradford. hear why one current player wants a familiar face to be the next head coach. ♪ >> downingtown west is the winner. the band won a field competition in jacksonville, florida. georgia beat penn state in that game. and take a look at the plaque.

in december, dow chemical company and dupont announced they would be merging. thag giant will finalize the merger by late this year. after, they plan to separate into three companies focusing on specific agricultural needs. however, they haven't decided where those companies will be. the city of johnston is hoping dupont pioneer's headquarters will be considered. the city is working with state officials in hopes of being a top choice. "we hope their decison is this is where they want their headadarters to be. we're ready to show them why that should be their decision." deborah dow-dupont said they are not releasing which cities they are considering for the company headquarters. those decisions months. a major ag expo at northeast community college is wrapping up today.... and the public is invited to an open discussion on the state of the roads in nebraska. paul huges has these stories and more. "the nebraska department of roads is holding a series of resional public meetings this month - including one in columbus tuesday. the gathering will have an open-house

we wont take it for granted. " jessica rae: once the merger is finalized,the company dubbed "dow-dupont" will split into three "independent companies." one focusing on seed sales, one on chemicals....and the last on speciality products. the dow-dupont merger is expected to be yearar jessica rae: many people braved the cold to head to the quad cities farm show. more than 200 companies attevted the event. farmers saw a wide range of items from seeds to livestock equipment. the show's director says now is the best time for the show... because farmers are in between harvest and planting seasons. he also says farmers are more high tech than you may think. "you gotta know high technology, how to use it. you better know the price of the crop you'r'r gonna get. you better know what your input costs are, gps systems to plot your ground. it's a very sophisticated business today. " the event continues today from ten to five... and nine to three on tuesday in rock island. jessica rae: a fire broke out early sunday morning in boxholm iowa.... claiming the lives of a mother and her three young ildren

in december, dow chemical and dupont/pioneer announced they'd be merging. the ag giant will finalize the merger by late this year. separate into three companies focusing on specific agricultural needs. however they havent decided where those companies will be located. the city of johnston is hoping dupont/pioneer's headquarters will be considered. the city is working with state officials, hoping to be the top choice. "we hope their decison is this is where they want their headquarters to be. we're ready to show them why that should be their decision." jack: dow-dupont isn't releasing which cities are in mind for company headquarters. those decisions will come within the next two years. nikki: and over in ames this weekend... its lego wars! teams from across the state came together to compete in the iowa first lego league championship at the isu college of engineering.. local 5 photographer ryan davidson gives us a look inside the heated competiton. "3 2 1 lego we're dong junior first lego league which is for 6-9 year old children they're building lego model

dow. intel, disney, dupont, and microsoft. it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night. may not always be clear... but at t. rowe price, we can help guide your retirement savings. for over 75 years, investors have relied on our disciplined approach

in december, dow chemical and dupont/pioneer announced they'd be merging. the ag giant will finalize the merger by late this year. they plan to separate into specific agricultural needs. however they havent decided where those companies will be located. the city of johnston is hoping dupont/pioneer's headquarters will be considered. the city is working with state officials, hoping to be the top choice. "we hope their decison is this is where they want their headquarters to be. we're ready to show them why that should be their decision." jack: dow-dupont isn't releasing which cities are in mind for company headquarters. those decisions will come within the next two years. stephanie: coming up on local 5 news at 10... an international incident avoided, as ten u-s sailors are released from iranian prison. jack: then-- the iowa men looking to take down the spartans one more time. how they're preparing for tomorrow's big game later in sports. stephanie: and...the viral car-cicle is finally free from the grasps of lake eerie, we'll show you what they had to do to

we wont take it for granted. " jessica rae: once the merger is finalized,the company dubbed "dow-dupont" will split into three "independent companies." one focusing on seed sales, one on chemicals....and the last on speciality products. the dow-dupont merger is expected to be finalized sometime after june of this year. jessica let's check in with for the weather. matt: we should expect to see increasing clouds today before a good chance of snow tonight. this will last through the afternoon on tuesday. we expect widespread 2-3" snowfall totals with hitting 4 inches. after that snow passes, our attention turns to warmer temperatures as the rest of the week appears to be pretty high is 10 with partly low tonight is 6 with tomorrow's high is 20 with snow jessica rae: matt: we should expect to see increasing clouds today before a good chance of snow tonight. this >>> 7:30. welcome back to "good morning america." you are looking live at the martin luther king jr. memorial in washington, d.c. as thehe nation commemorates dr. king's birthday this morning and we are celebrating his legacy coming

. >> dupont's merger with dow chemical means more than a thousand jobs will be cut for dupont workers in delaware. well, at a was the day those employees found out who's staying and who is told they have to go. "action news" reporter john rawlins live in wilmington tonight with that story for us. john. >> reporter: hi, monica. in preparation of that mega merger dupont said hit to trimaran deuce some of its overhead costs that's investor speak in this case for those layoffs. we caught up with some of those workers today at a local pub as they adjust to their new normal. >> today i got laid off. i got severance pay until september. >> reporter: for 13 years jeff davis used his hands and brain crafting research and development projects from laser alignments. >> all the way up to custom metal fabrications welding, machine stuff, i can program machines but i guess they don't have a need for me anymore. >> reporter: nylon kevlar tie vic legendary products developed by dupont. today's pink slips the latest cost cutting move. ken reynolds left dupont. he worries about his former colleagues. >

dupont. on the materials side, you have the dow materials businesses. that one dupont business. we toured their labs last week. i was excited about what we saw there. the capability of their people. positive surprises. david: how are the shareholders -- some question because the two companies are quite different. 50-50 deal. andrew: the deal is the deal, the value of the marketplace. it looks at future of the dow. markets do what markets do. one of might argue sometimes their irrational. over a 10-year time frame, the market catch of these two companies are equal. if you want to look at it, 92% of the time dupont had a higher market cap than dow. this particular year or so we have been higher. roughly equal. they have a different type of business with a different multiple attached to it, the ag business. the deal is put them together with a 50-50 level. but in essence the shareholders who asked about that were answering the questions. there were other questions. now of course the noise going on , a lot of what we are doing is taking a back seat while people recalibrate what they

elias: dow-dupont isn't releasing which cities are in mind for company headquarters. those decisions will come within the next two years. elias: meanwhile, elias: meanwhile, chipotle says it is confident that its e-coli crisis is coming to an end. the chain restaurant's c- e-o says they are hopeful the c-d-c will soon over. the outbreak begin in october and infected dozens of people in nine u-s states. chipotle says it is taking additional measures to make sure its food is safe, including having more of its ingredients go through centralized kitchens. elias: and finally....after just over two years of being on air...news channel al- jazeera america is shutting down. the news channel had been suffering from low ratings since its launch... some experts say the decision to shutdown may be linked to falling oil prices - the al-jazeera media group is owned by the oil-rich government of qatar. elias: the wait is over for that record powerball jackpot. nearly one point six billion nearly one point six billion dollars will be split between three winning tickets... sold in cal

elias: dow-dupont isn't releasing which cities are in mind for company headquarters. those decisions will come within the next two years. elias: meanwhile, chipotle says it is confident that its e-coli crisis is coming to an end. the chain restaurant's c- e-o says they are hopeful the c-d-c will soon declare the e- coli outbreak over. the outbreak begin in october and infected dozens of people in nine u-s states. chipotle says it is taking additional measures to make sure its ingredients go through centralized kitchens. elias: that's a look at your money this morning... coming up after the break... sam's in with central iowa's most accurate forecast... but first... time for a quick look at traffic... this is i-235 at euclid... [current conditions] good morning iowa returns after this. moring iowa in hd. we are iowa's most accurate weather team. good morning iowa starts now " sabrina thanks for joining us on your [day of week] morning, i'm sabrina ahmed. elias: and i'm elias johnson... elias: weather is always first on good morning iowa... in with central iowa's most a

in december, dow chemical company and dupont announced they would be merging. the ag giant will finalize the merger by late this year. after, they plan to separate into three companies focusing on specific agricultural needs. however, they haven't decided where those companies will be. the city of johnston is hoping dupont pioneer's headquarters will be considered. the city is working with state officials in hopes to be a top choice. "we hope their decison is this is where they want their headquarters to be. we're ready to show them why that should be their decision." deborah dow-dupont said they are not releasing which cities are in mind for the company headquarters. those decisions will come within the next 18-24 months. deborah: the wait is over for that record powerball jackpot. nearly one point six billion dollars will be split winning tickets... sold in california, florida and tennessee. abc's lauren lister has the latest. "nats 'can you believe it america, a world record jackpot coming to you right now' or 'tonight's jackpot is approaching $1.6 billion d

dupont workers will get pink slips this morning. the company is downsizing ahead of its merger with dow chemical. dupont plans to cut 1700 jobs at ten locations in delaware including headquarters in wilmington. they plan to merg and split into three companies the smallest would still be in delaware. >> the eagles start the post-chip kelly era with a win here we go, demarco murray, running downhill here, he didn't do that much under chip kelly. that's the longest touchdown since his rookie season. later deflecting a pass, and it's taken 83 yards to the house. the birds and interim coach pat shurmur beat new york 35-30. jordan matthews had this word for eagle fans. >> got to go out there ef time and represent that team that's on your chest and nobody has more pride for the eagles than their fans. we got the best in the league, in the league, in the universe. >> finished at 7-9. they pick 13th in the nfl draft in april. >>> eight minutes after 5:00. getting ready to head out. bundle up. a cold blast that's going to be with us all day long, made even colder by the gusty winds. we'll see sunshine and a

. >> the story we have been anticipating for three days company dow chemical dupont merger. will combine creating a $130 billion behemoth, the largest merger ever in that industry. with me now is a dow chemical ceo and the dupont chairman and ceo. welcome. please explain the fundamental underlying rationale behind the merger. >> maybe it was a moment in time where this could happen, but both of our companies, we have known for a long time strategically, fit together. it just so happened that our stocks were basically trading on top of each other from a market cap standpoint. we could do a very tax efficient transaction to our shareholders by merging first, capturing these energies, and then doing a three-way split up. it's very efficient from that standpoint. we did not create the world's leading ag company out of this, but we get to create a specialty company that will trade at a nice multiple with high growth businesses in it. andrew in the down business get the parts of two part that always fit with his business. we strategically created three of the kind of perfect platf

dow and dupont plan to merge and split in three companies. the smallest of which will be based in delaware. >>> tomorrow philadelphia gets a new mayor. we sat down with him with what a plan on what he plans to do in office. >>> a good time to buy a lottery ticket. no one claimed last night's powerball ticket. you get a chance to win one of the biggest prizes ever. we'll tell you how much and what your chances are. thousands of people came out today to run the race for retirement. so we asked them... are you completely prepared for retirement? okay, mostly prepared? could you save 1% more of your income? it doesn't sound like much, but saving an additional 1% now, could make a big difference over time. i'm going to be even better about saving. you can do it, it helps in the long run. prudential bring your challenges >>> you may want to play the powerball. the jackpot is now at $400 million. that's one of the game's ten biggest prizes ever. of course, the odds of winning aren't great. you'll have a one in 292 million chance of hitting all those

dupont started handing out layoff notices today. and the company wants to cut 1700 workers ahead of a pending merger with dow chemical. employs about 6100 people in delaware. >>> coming up on "action news" tonight police arrest a couple from north jersey for leaving their children in the car while they allegedly gambled inside a bucks county casino. >>> and as eagles players cleaned out their lockers today, owner jeffrey lurie interviews the next candidate for the head coaching vacancy. >> it's cold and windy and this strong winds pull down the coldest air of the season tonight. but then i'm tracking some big changes by the weekend. we'll have all the details in the accuweather 7-day forecast. >> those stories and much more when "action news" continues tonight. >> ♪ wow. the internet is crazy fast here. i know, right? it's so nice to have everyone over. hi hey. mmm. i just laid an egg. does anybody want it? joey, you want some gasoline? yes, please. mom, guess what? i married a clown and we're having tiny little clown babies. mhm. i just bought a hammer. with internet fast enough for everyone, your guests might get a

as the dow-dupont merger moves forward, some workers in dupont's home state are getting "pink slips". dupont says it will cut 17-hundred jobs in delaware and thousands more globally as it prepares for its merger with dow chemical. the companies announced earlier this month they are joining forces. their plan is to eventually split the properties into three independent companies. meanwhile, bloomberg news is reporting that the chinese-based chemical company chemchina is upping its offer for syngenta. syngenta rejected an offer made earlier this fall from the chinese firm. bloomberg says chem-china is now offering four-hundred-72-dollars a share. that's 20 dollars more per share than the previous offer. this current bid would e to purchase 70-percent of syngenta with an option to buy the remainder at a later date. the poultry industry is keeping a sharp eye out for high path avian flu symptoms agriculture says it is lifting order than banned live bird exhibitions, at places like county fairs. that ban was implemented in iowa -and many other midwest states. there has not been a new case

deborah dow-dupont said they are not releasing which cities are in mind for the company headquarters. those decisions will come within the next 18-24 months. deborah: the government oversight committee is watching the developments of two proposed energy lines. the committee is overseeing the rock island clean line...which consists of the bakken oil pipeline and overhead transmition line. it would take energy from iowa illinois and farther east the top concern of many legislators is property rights of iowa land- owners. 212 it affects 1500 farmers in iowa and it's a decision thataffets 10,000 acres of iowa farmland. it's a huge decision that has bipartisan interest." deborah: it's up to the iowa utilities board to make a decision on both projects. they are reviewing evidence and public input, but have not given a timeline for when they will approve...or disapprove of the projects. deborah: a senior at morningside college is aing for a special gift for graduation.... a gift, many might take for granted... paul johnson is an international student from nigeria who has only been home once

home prices and consumer confidence and earnings from 3m, dupont and apple. the dow fell to 15,885 and nasdaq fell to 4,518. >> thank you. >>> now your nbc 10 first alert weather. >> it's 5:26. 24 degrees. we're back gnat cold soon this morning which means icy spots, refreezing overnight. we'll see sunshine, boathouse row to start with at least. then a chance of some showers this afternoon. this morning, jessica boyington is in the first alert traffic center. >>> we're watching voorhees, new jersey around rowt 73 at cooper road. no problems really there. you can see some snow still over into the shoulder. that's pretty much the story all across the board this morning. we have a problem in new jersey. i'll tell you where it is and what it is when i come back at 5:30. >>> and good morning, i'm matt delucia live in norristown. icy streets and sidewalks as you head out the door this morning. be careful. there are still snow covered streets out here as well, still yet to be treated. we'll give you a live look at the conditions we're seeing, next. since 1961, pearle vision

chairman and iowa senator chuck grassley is raising alarms over the proposal to merge by companies dow and dupont pioneer.. he's threatening possible hearings on the anti-trust move.. saying the judiciary committee has an obligation to review the merger. the merge would create a 95 billion dollar company.. which would split into three separate companies.. all selling as much as a fifth of the worlds pesticides and 40 percent of u-s corn and bean seeds.. grassley says that makes a huge concern because of a potential of reduced competition.. force layoffs.. and the history right here in iowa. "and they better take that into consideration. because they merge, split into three companies. make an agricultural seed company and then want to move all this out of iowa or even move the corporate headquarters out of iowa? no. that stuff should be in iowa." grassley hinted he may be persuading committee members for a call for hearings, adding there are things can be 'embarrassing' for the two firms if they are brought out in public hearings. the cattlemen's beef association duffy from the cme this week.. and

dupont plans to cut 1700 jobs in delaware including its headquarters in wilmington. dow and dupont plan to split into three companies, the smallest of which would still be based in delaware. >> here is something that may take your -- make your first drive to work in 2016 easier. it's not going to cost as much. gas prices are expected to stay low and even drop. the average annual price will be between 2.25 and 2.45. that will be cheaper or comparable to the 2015 average of $2.40 per gallon. last year the average consumer spent about $700 less on gas. >> here is a look at what drivers are paying in our area. philadelphia 2.17, delaware 1.90 and in new jersey 1.83. >> it's 6:17. a fatal accident on the new jersey turnpike. >> tell us what you're seeing. >> what we're seeing is sky force 10 over top of this scene. it is a fatal accident scene so what's under way besides the fact it's an accident scene that has to be cleared it's an accident investigation as well so. this is in hamilton township on the toyj turnpike on the northbound side. you can see several vehicles involve

deborah: a billion dollar merger could in december, dow and dupont announced they would be merging. finalize the this year. to separate into three companies specific agricultural needs. however, they haven't decided where those companies will be. the ty of johnston is hoping dupont pioneer's headquarters will be considered. the city is working with state officials in hopes be a top choice. "we hope their decison is this is where they want their headquarters to be. we're rdy to showhem why that should be their decision." deborah dow-dupont said ey are not releasing which cities are in mind for the company headquarters. those decisions will come within the next 18-24 months. jessica let's check in with for the weather. matt: we're headed for some decently warm teeratures today and tomorrow. a warm front moved through overnight southwest wind. with that,t, we'll see temperatures rise into the middle 30s today and upper 30s tomorrow under mostly sunny skies. a cold front approaches on friday a and this y generate some flurries. it'lfully sink through by saturday and temperatures will di

the question i have is would dow chemical be higher had it not merged with dupont?he answer is yes. >> it may be. but it's a difficult deal forevfor a lot of people to imagine, because they're asking you to imagine the company in three. delaware could disappear as part of dupont. it's amazing what could happen as a result of that deal. >> it's a landmark deal. i think it's a great deal, longer term. look, i'm not oblivious. the stock was at 53, it's gone to 45. my travel trust bought some at 45, 46. that doesn't mean anything. the direction of the stock has been horrendous since the deal. >> a lot of discussion about antitrust review and healthcare which we may get to later in the hour. >>> we'll get cramer's mad dash and count down to the opening bell and one more look at the premarket. the past rallies of the market have been sold. we'll see if this one lives today. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of o

dow and dupont. avago and broadcom but they essentially established a particular industry and in a difficult market where there's not much to like it's one of my favorite words. most sectors are ripe with competition. as many different players fight each other tooth and nail for market share. that's why i always say competition while great for you a consumer is an amount of profits. sometimes a business will be a total monopoly with no competition whatsoever and while that's the idea, it's very rare to see a monopoly because it's against the law. which brings us to the next best thing. a hand full of companies control an entire industry. co-existing peacefully without much in the way of price competition. we have not one but two industries that have just become fabulous and while it's hard to find winners in this market i be terrific buys into the weakness. specifically i'm talking about the beer business where anheuser-busch inbev's take over of sab miller is going to make a highly consolidated indu

in december, dow chemical company and dupont announced they would be merging. the ag giant will finalize the merger by late this year. after, they plan to separate into three companies focusing on specific agricultural needs. however they haven't decided where those companies will be. the city of johnston is hoping dupont pioneer's headquarters will be considered. the city is working with state officials in hopes to be a top choice. "we hope their decison is this is where they want their headquarters to be. we're ready to show them why that should be their decision." releasing which cities are in mind for company headquarters. those decisions will come within the next 18-24 months. tim: the government oversight committee is watching the developments of two proposed energy lines the bakken oil pipeline and and overhead transmition line called the rock island clean line that would take energy from iowa and transfer it to illinois and farther east. the top concern of many legislators is property rights of iowa land- owners. 21:42 it affects 1500 farmers in iowa an